{"id":160614,"date":"2025-09-08T08:30:15","date_gmt":"2025-09-08T01:30:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uniqlo-hong-kong-chooses-upgrades-over-expansion-amid-sluggish-retail-sales\/"},"modified":"2025-09-08T15:42:39","modified_gmt":"2025-09-08T08:42:39","slug":"uniqlo-hong-kong-chooses-upgrades-over-expansion-amid-sluggish-retail-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uniqlo-hong-kong-chooses-upgrades-over-expansion-amid-sluggish-retail-sales\/","title":{"rendered":"Uniqlo Hong Kong chooses upgrades over expansion amid sluggish retail sales"},"content":{"rendered":"<p>&#013;<br \/>\nUniqlo is focusing on revamping its 32 outlets in Hong Kong rather than expanding its footprint amid sluggish retail sales, as the popular Japanese fashion retailer contends with a decline in revenue and profit from its Greater China region.<br \/>\nHowever, revamping existing stores sometimes includes leasing more space. For example, a store currently under renovation and set to reopen on October 17 in Mira Place in Tsim Sha Tsui will nearly double to 27,000 sq ft. A new-look store in City Plaza in&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3324646\/uniqlo-hong-kong-chooses-upgrades-over-expansion-it-aims-evolve-local-needs?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Uniqlo Hong Kong chooses upgrades over expansion amid sluggish retail sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Uniqlo is focusing on revamping its 32 outlets in Hong Kong rather than expanding its&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-160614","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-FMy","jetpack-related-posts":[{"id":34428,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/causeway-bay-and-tsim-sha-tsui-retain-allure-for-retailers-in-spite-of-sluggish-times\/","url_meta":{"origin":160614,"position":0},"title":"Causeway Bay and Tsim Sha Tsui retain allure for retailers in spite of sluggish times","date":"November 15, 2016","format":false,"excerpt":"\r The prime shopping hubs of Causeway Bay and Tsim Sha Tsui, among the most expensive in Hong Kong in terms of rental costs, remain attractive for retailers amid overall sluggishness in the sector. Retail rents in Causeway Bay fell 8 per cent in the rental index in the third\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82532,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hermes-pockets-us61-2-million-profit-from-sale-of-retail-shops-in-hong-kong\/","url_meta":{"origin":160614,"position":1},"title":"Hermes pockets US$61.2 million profit from sale of retail shops in Hong Kong","date":"March 13, 2018","format":false,"excerpt":"\r French luxury goods maker Hermes has made a profit of HK$480 million (US$61.2 million) from the sale of its flagship stores in Hong Kong\u2019s Central district, after recently relocating to a leased building nearby in the face of sluggish sales. It sold four shops, Nos 6 to 9, on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118857,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-group-plans-expansion-of-d2-place-with-redevelopment-of-industrial-building-into-office-tower-amid-retail-slump\/","url_meta":{"origin":160614,"position":2},"title":"Hong Kong group plans expansion of D2 Place with redevelopment of industrial building into office tower amid retail slump","date":"October 7, 2020","format":false,"excerpt":"\r Lawsgroup is pushing ahead with the redevelopment of industrial buildings into offices and shopping centres even as Hong Kong\u2019s economy and retail sector still reel from the coronavirus outbreak.The building in Lai Chi Kok, West Kowloon, right next to its D2 Place One and Two shopping malls, \ufeffwill be\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112595,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/residential-sales-remain-sluggish-as-hong-kong-homebuyers-stay-on-the-sidelines-to-wait-out-anti-government-protest-crisis\/","url_meta":{"origin":160614,"position":3},"title":"Residential sales remain sluggish as Hong Kong homebuyers \u2018stay on the sidelines\u2019 to wait out anti-government protest crisis","date":"November 23, 2019","format":false,"excerpt":"\r Hong Kong homebuyers remain wary of the housing market as underperforming residential sales show the damage inflicted by months of citywide protests.CK Asset Holdings, the city's second-largest developer, on Saturday sold only six out of 180 available flats at its Seaside Sonata project in Cheung Sha Wan.The poor sales\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120764,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-coronavirus-shops-change-hands-at-a-faster-pace-as-owners-bet-on-a-retail-sales-revival-amid-tapering-covid-19\/","url_meta":{"origin":160614,"position":4},"title":"Hong Kong coronavirus: shops change hands at a faster pace as owners bet on a retail sales revival amid tapering Covid-19","date":"July 3, 2021","format":false,"excerpt":"\r Hong Kong\u2019s improving economy and a rebound in retail sales is spurring investors to bet on shops, as they expect the real estate segment to be among the first to benefit from the rising domestic consumption.The optimism has seen some early investors, including one mainland-backed company, make some big-ticket\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140157,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-sees-sluggish-weekend-sales-at-new-developments-in-kai-tak-and-aberdeen-as-buyers-snap-up-only-52-of-303-flats-on-offer\/","url_meta":{"origin":160614,"position":5},"title":"Hong Kong sees sluggish weekend sales at new developments in Kai Tak and Aberdeen, as buyers snap up only 52 of 303 flats on offer","date":"November 4, 2023","format":false,"excerpt":"\r Residential projects KT Marina in Kai Tak and SouthSky in Aberdeen saw buyers snap up only 52 units of a combined 303 flats on sale on Saturday.\r \r Source : South China Morning Post\r Read more...Hong Kong sees sluggish weekend sales at new developments in Kai Tak and Aberdeen,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160614"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=160614"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160614\/revisions"}],"predecessor-version":[{"id":160615,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160614\/revisions\/160615"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=160614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=160614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=160614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}